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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 1,106.6 $ 936.9 $ 1,038.1
Cost of goods sold 701.0 603.8 643.0
Gross profit 405.6 333.1 395.1
Selling, general and administrative expenses 237.4 163.2 174.3
(Gain) loss related to change in fair value of contingent consideration (4.1) 0.1 0.0
(Gain) related to sale of fixed and intangible assets 0.0 (21.0) 0.0
Equity (earnings) from joint venture (87.7) (64.0) (96.6)
Operating income 260.0 254.8 317.4
Interest expense 22.9 24.1 38.4
Other non-operating (income) expense, net (5.6) 357.4 (20.4)
Earnings (loss) from continuing operations before income taxes 242.7 (126.7) 299.4
Income tax expense (benefit) 57.4 (42.6) 57.1
Earnings (loss) from continuing operations 185.3 (84.1) 242.3
Net (loss) from discontinued operations, net of tax expense of $-, $- and $12.0 0.0 0.0 (1.8)
(Loss) from disposal of discontinued businesses, net of tax expense (benefit) of $1.7, ($1.4) and ($5.2) (2.1) (15.0) (26.0)
Net (loss) from discontinued operations (2.1) (15.0) (27.8)
Net earnings (loss) 183.2 (99.1) 214.5
Other comprehensive (loss) income, net of tax:      
Foreign currency translation adjustments 0.0 (7.1) 84.1
Derivative gain (loss), net 9.9 (10.5) (13.9)
Pension and postretirement adjustments (10.2) 284.4 13.2
Total other comprehensive (loss) income (0.3) 266.8 83.4
Total comprehensive income $ 182.9 $ 167.7 $ 297.9
Earnings (loss) per share of common stock, continuing operations:      
Basic $ 3.88 $ (1.76) $ 4.97
Diluted 3.86 (1.76) 4.88
(Loss) per share of common stock, discontinued operations:      
Basic (0.04) (0.31) (0.57)
Diluted (0.04) (0.31) (0.56)
Net earnings (loss) per share of common stock:      
Basic 3.84 (2.07) 4.40
Diluted $ 3.82 $ (2.07) $ 4.32
Average number of common shares outstanding:      
Basic 47.6 47.9 48.7
Diluted 47.9 47.9 49.5